Direction of innovation in developing countries and its driving forces

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Release : 2022-04-05
Genre : Law
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Direction of innovation in developing countries and its driving forces - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Direction of innovation in developing countries and its driving forces write by World Intellectual Property Organization. This book was released on 2022-04-05. Direction of innovation in developing countries and its driving forces available in PDF, EPUB and Kindle. Innovation is a major driving force of long-term economic growth and sustainable development. Direction of innovation matters because technical change is not neutral and hence bears significant social, economic and environmental development implications. This paper contributes to the literature through a systematic examination of the direction of innovation in developing and emerging economies and its driving forces. It shows that innovation in the global South exhibits a vibrant and diverse landscape when we do not confine ourselves with traditional research and innovation indicators. While emerging economies are accelerating their pace in inventive activities in fields such as ICTs, biotech and engineering, low-income countries (LICs) are also found to be active in learning-based, incremental “under-the-radar innovations” (URIs). These URIs that are introduced through international technology transfer and indigenous innovative efforts. Indigenous sources of URIs play a primary role in LICs, contributed by localised learning-by-doing, close interaction with customers and embeddedness in regional production networks and clusters. However, insufficient role of the state, a low science and technology intensity and a lack of university-industry linkage limit the potential of URIs. International technology transfer is another important driver of technical change in developing countries. However, its strengthen varies across countries due to differences in host country policy, absorptive capacity, and the type of foreign economic engagement that they have as well as the inappropriateness of transferred foreign technologies mostly from Global North. Given the status of direction of innovation and its driving forces in developing countries, this report argues that the unfolding 4th industrial revolution poses both challenges and opportunities to LICs. Policy implications are discussed.

Direction of Innovation in Developing Countries and Its Driving Forces

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Release : 2022
Genre : Economics
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Direction of Innovation in Developing Countries and Its Driving Forces - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Direction of Innovation in Developing Countries and Its Driving Forces write by Xiaolan Fu. This book was released on 2022. Direction of Innovation in Developing Countries and Its Driving Forces available in PDF, EPUB and Kindle. Innovation is a major driving force of long-term economic growth and sustainable development. Direction of innovation matters because technical change is not neutral and hence bears significant social, economic and environmental development implications. This paper contributes to the literature through a systematic examination of the direction of innovation in developing and emerging economies and its driving forces. It shows that innovation in the global South exhibits a vibrant and diverse landscape when we do not confine ourselves with traditional research and innovation indicators. While emerging economies are accelerating their pace in inventive activities in fields such as ICTs, biotech and engineering, low-income countries (LICs) are also found to be active in learning-based, incremental "under-the-radar innovations" (URIs). These URIs that are introduced through international technology transfer and indigenous innovative efforts. Indigenous sources of URIs play a primary role in LICs, contributed by localised learning-by-doing, close interaction with customers and embeddedness in regional production networks and clusters. However, insufficient role of the state, a low science and technology intensity and a lack of university-industry linkage limit the potential of URIs. International technology transfer is another important driver of technical change in developing countries. However, its strengthen varies across countries due to differences in host country policy, absorptive capacity, and the type of foreign economic engagement that they have as well as the inappropriateness of transferred foreign technologies mostly from Global North. Given the status of direction of innovation and its driving forces in developing countries, this report argues that the unfolding 4th industrial revolution poses both challenges and opportunities to LICs. Policy implications are discussed.

Global Innovation in Emerging Economies

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Release : 2011-02-01
Genre : Business & Economics
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Book Rating : 97X/5 ( reviews)

Global Innovation in Emerging Economies - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Global Innovation in Emerging Economies write by Prasada Reddy. This book was released on 2011-02-01. Global Innovation in Emerging Economies available in PDF, EPUB and Kindle. In recent decades, there have been significant changes in the way corporate innovation activities are performed. They include changes in the innovation process, flexibility to outsource certain innovation activities, and by far, the most important one, wider choice in the location of innovation. What caught the most attention of is the trend towards globalization of research and development (R&D) and thereby performance of innovation activities away from the home countries. The main concerns relate to the two new trends: First, the multinational corporations (MNCs) locating strategic innovation activities in some countries outside the industrialized world, which can be referred to as ‘emerging economies’; and Second, since 2000, some companies from the emerging economies have started entering the global markets with innovative products and services, developed through their own R&D. Both these new developments have managerial implications for companies and policy implications for the host countries (where such R&D is performed), as well as for the home countries of the companies. Further, innovative products and services resulting from R&D activities in emerging economies seem to better address the needs of consumers at the bottom-of-the-pyramid in other developing countries. This book explores and analyzes these issues. This research presented in Global Innovation in Emerging Economies is applicable to both the industrialized and developing worlds, although from different perspectives – the former would like to prevent relocation of R&D from their countries, and the latter want more of R&D-related investments.

Handbook of Innovation Systems and Developing Countries

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Release : 2011-01-01
Genre : Social Science
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Book Rating : 420/5 ( reviews)

Handbook of Innovation Systems and Developing Countries - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Handbook of Innovation Systems and Developing Countries write by Bengt-Åke Lundvall. This book was released on 2011-01-01. Handbook of Innovation Systems and Developing Countries available in PDF, EPUB and Kindle. The innovation systems (IS) approach emerged as a theoretical framework in the industrialized world in the mid-1990s to explain innovation and growth in the developed world. This Handbook is the first attempt to adapt the IS approach to developing countries from a theoretical and empirical viewpoint. The Handbook brings eminent scholars in economics, innovation and development studies together with promising young researchers to review the literature and push theoretical boundaries. They critically review the IS approach and its adequacy for developing countries, discuss the relationship between IS and development, and address the question of how it should be adapted to the realities of developing nations. Spanning national, sectoral and regional innovation systems across Asia, Latin America and Africa, and written by the world s leading scholars within the field, this comprehensive Handbook will strongly appeal to academics, researchers and students with an interest in innovation and technology in developing countries.

The Globalization of Corporate R & D

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Release : 2000-08-24
Genre : Business & Economics
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Book Rating : 125/5 ( reviews)

The Globalization of Corporate R & D - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Globalization of Corporate R & D write by Prasada Reddy. This book was released on 2000-08-24. The Globalization of Corporate R & D available in PDF, EPUB and Kindle. This book examines the implications of new trends of globalisation in corporate research and development. It looks in particular at aspects of integration in developing countries and the impact this will have on the host countries.